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Author Topic: KYC  (Read 11396 times)
yrrehc16
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February 14, 2019, 12:52:27 PM
 #241

KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?

Never do KYC for airdrops as there is so many AIRDROP in the community who are scam and fake!
Even in bounties like signature and social media, KYC is not a good option to do if the project is not yet successful.
cizatext
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February 14, 2019, 12:54:54 PM
 #242

KYC is a procedure that must be followed if thoroughly we want to regulate the cryptocurrency network because it only with KYC that the various cooperation and exchange will get to know they customers and there by bringing confidence and protection to investors because all transactions can be traced to an individual with KYC.
thaliaand
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February 14, 2019, 12:58:07 PM
 #243

KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?
It is absolutely not worth to hand over your identity for small amount of tokens/$. I will not do this even it a succesfull project.
Nwankwobtt
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February 14, 2019, 01:32:42 PM
 #244

Airdrop requires KYC? That must be funny. Some ICO that belongs to countries that impose regulations on KYC do require it but indeed disgusting. I dont like it personally giving my personal information to someone/people I do not know. I feel that can be used against me anytime at any reason they want but when it comes to airdrops, its unreasonable. My identity is more valuable than the residue income I’ll be getting from airdrop. Better not give them at all.

Yes some airdrop require kyc and it's totally ridiculous. I believe that if kyc is not performed only by ico participants as an AML/legal requirement of respective countries but by airdrop and bounty participants, then it's bad

bendernine
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⇾ Re: KYC
February 14, 2019, 01:42:17 PM
 #245

I am not interested in bounties or airdrops that use KYC unless the bounty or airdrop results have good value and good prospects in the future
filling out KYC and providing personal data for airdrop tokens that have little value is something we shouldn't do

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gwaposakon
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February 14, 2019, 01:46:01 PM
 #246

KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?

Indeed. KYC should be for whales and big investors. For the project to know the profile of their investors. But for receiving stakes for airdrops, I think its just unnecessary and not needed anymore. Airdrop participants purpose is to market the coins and receive rewards from the activity only.
Awoben
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February 14, 2019, 01:51:12 PM
 #247

I think for any airdrop, kyc is not necessary, but when it requires people investing kyc maybe be brought in to screen all investors.
Since most Airdrops are either scam or something else, doing kyc for such is just like giving your identity away.
prestigio74
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February 14, 2019, 01:55:43 PM
 #248

I completely agree, considering the fact that very often they turn out to be fraudsters and do not pay anything!

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Pffrt
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February 14, 2019, 02:01:34 PM
 #249

KYC can be complicated and at times unnecessary especially for small airdrops.
What do you think?
I would never go with KYC and there is no meaning of KYC verification for any airdrop. It would be better if everyone avoid the KYC verification and no project would come up with this idea anymore.
jagaban
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February 14, 2019, 02:29:30 PM
 #250

It can be very ridiculous indeed, especially if the worth of the airdrop is not up to $10. I mean, why risk exposing your private data for peanuts? I avoid such airdrops and I am very vocal to advise against it

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February 14, 2019, 02:32:58 PM
 #251

kyc for airdrop? never. almost always they are scams and shitcoins. or just shitcoins. for ounty campaign possibly but ot for airdrops.

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February 14, 2019, 03:05:00 PM
 #252

Airdrop asking KYC really? What the hell man it’s totally unpair. Actually still i never enrolling in the airdrop campaign so don't know about it. Most of the airdrop coin are bullshit price like as worth of 2$-3$ this too cheap from exchange fees. Also i think in the suspecious bounty campaign when asking KYC i am scared to submit documents. Because i don't know anyhow my documents if abusing.               

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nebuch
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February 14, 2019, 03:12:02 PM
 #253

KYC have two faces...

The fake face - used to scam people then leave the project unnoticed

The fact face - maintaining the security for the best because costumers are the priority than profit.


KYC procedures depends on us

makerst
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February 14, 2019, 03:13:20 PM
 #254

I can not tell you the exact information about what KYC is now but I can say the following. Now there are real threats for people who have previously passed KYC. Probably now all the same, we need to be careful with these processes.
vin1103
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February 14, 2019, 03:18:25 PM
 #255

yap i think the bounty manager not giving heavy rules for him member its like bounty and airdrop i think better no need for us, KYC just for investor, if you join airdrop and it need KYC its very complicated not at all airdrop its worth it

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eugene30
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February 14, 2019, 03:23:05 PM
 #256

I don't like the idea of having kyc for airdrops especially if you will only get small portion or small amount of it. Having to give your personal information to them is a bad idea. I should say kyc is much applicable to investor who invest money.

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fvb
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February 14, 2019, 03:39:20 PM
 #257

The transfer of KYC for a reward, if really confident in the project.  Passed several times.  Airdrop do not, especially with KYC.

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m0Ray
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February 15, 2019, 05:20:35 PM
 #258

I think that KYC is not necessary for bounty hunters. Or you need to pass it before participating in any bounty program. I do not see the point in passing KYC because many just buy all the data in the black markets which are very much today. KYC for bounty is absolutely irrelevant today.
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February 15, 2019, 06:09:31 PM
 #259

I think that KYC is not necessary for bounty hunters. Or you need to pass it before participating in any bounty program. I do not see the point in passing KYC because many just buy all the data in the black markets which are very much today. KYC for bounty is absolutely irrelevant today.

agree with you because actually the most important thing is that the project can succeed with anyone's help regardless of anything.
anyone can be a bounty hunter or an investor without having to give his identity because it is an advantage to be in crypto.
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February 15, 2019, 10:51:44 PM
 #260

KYC for me is always unnecessary, I avoid the procedure of passing KYC, I do not want to merge personal information about myself, it is unknown to whom and it is not clear for what purposes .
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